BASTROP, Texas – Certainly one of three medical marijuana dispensaries licensed in Texas is shifting to Bastrop.
Texas Authentic Compassionate Cultivation is constructing a brand new $8 million facility to maintain up with elevated demand because the state’s medical marijuana program expands. The dispensary has already began development on the brand new 95,000 sq. foot facility in Bastrop.
“The time is correct for us to make the transfer on it now,” mentioned Morris Denton, CEO and founding father of Texas Authentic Compassionate Cultivation.
Greater than two years after buying a 25-acre plot of land simply exterior Bastrop metropolis limits, the corporate has began constructing the model new medical marijuana facility. “Because the market continues to develop and evolve, our enterprise must develop and evolve with it,” Denton mentioned.
A new Texas law, which takes effect September 1, expands the state’s current compassionate use program. For the primary time, veterans with PTSD and most cancers sufferers can be added to the record of these capable of entry medical marijuana. That would doubtlessly add lots of of hundreds of latest clients for allotting organizations like Texas Authentic Compassionate Cultivation.
“What we’re seeing is that there’s changing into a principal streaming of it, if you’ll, of medical hashish within the state, which is opening up much more prescribers, which ends up in much more sufferers and we’re beginning to see that evolution happen as we speak and we anticipate that that progress will proceed into 2022, 2023,” mentioned Denton.
The regulation can even improve the p.c of THC allowed in merchandise from .5 to 1 p.c. Nevertheless, that restrict remains to be a lot decrease than most different states with medical marijuana packages.
“It’s onerous to say whether or not or not there’s a increase on the horizon. Clearly with the 1 p.c by weight limitation, as imposed arbitrarily by the legislature, that’s going to stop lots of people from desirous to take part,” Denton mentioned.
The brand new facility is about 13 instances the dimensions of the corporate’s present operation in Manchaca, however will embrace all the identical processes.
Professionals on the facility will develop, extract, check and promote medical hashish merchandise, simply on a a lot bigger scale. “We anticipate that we may add a number of hundred jobs to Bastrop proper there, simply within the outskirts of town limits,” mentioned Denton.
Nonetheless, the CEO and founding father of Texas Authentic mentioned there’s plenty of work to be executed within the Lone Star State in relation to medical marijuana. “Till there’s a full medical market within the State of Texas, we’re going to proceed to do what we do, which is to advocate for entry to this plant,” Denton mentioned.
The brand new facility is anticipated to be accomplished within the second quarter of 2022.
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